For Molvik the BG gear should be decent enough. Having a template at that level will give you an advantage but not a significant enough one to worry about if you're a new player.
If you're talking about 50, there are tons of easy ways to farm gold nowadays. Most templates use SI/ML10 loot plus dragon drops/quest gear with a few artifacts thrown in. If you look up the boss mobs on Allakhazam you can see drop lists and you can throw together a template that way. It's incredibly easy these days.
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[3:23:33 PM] Bogle: i like playing wow i dont have to worry about positioning or if theres people on me or casting any other spell other than a heal